Overview
What is Sun Prairie Public Library Foundation Inc?
Sun Prairie Public Library Foundation Inc is a 501C3 nonprofit organization based in Sun Prairie, Wisconsin. Its primary mission is to support and enhance the Sun Prairie Public Library, aiming to make it the best it can be. In 2022, the foundation focused on a capital campaign for library expansion, conducting various fundraising activities such as mail campaigns, in-person events, and social media promotions. One notable event was held in the spring, followed by a rally to gather supporters before the public fundraising phase, culminating in a celebration event in the fall. In 2021, the foundation's investment earnings totaled $99,885, with approximately 11% allocated to library programs and improvements, while the remaining funds were reinvested. The foundation currently has a small team of two employees dedicated to its mission.
Official website here: www.sunlibfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
The Sun Prairie Public Library Foundation Inc has received a Two-Star rating from Charity Navigator, primarily indicating some significant areas for improvement, especially in accountability and finance, where it scored 56%. Despite these challenges, the organization demonstrates strong governance practices, with 100% independent board members and effective financial oversight, reflecting a commitment to transparency and accountability in its operations.
Strengths of the organization include an exceptional Culture & Community score of 95% and a perfect score for constituent feedback, indicating that the foundation effectively engages with its community and considers their input in decision-making. The organization has strong policies in place for conflict of interest, whistleblower protections, and document retention, which underscores its focus on ethical management practices.
However, the foundation's financial metrics raise concerns, particularly regarding its program expense ratio of only 27.33%, suggesting that a larger portion of funds may not be directed towards its core programs. Additionally, the absence of its tax form on the website could hinder transparency. Addressing these financial issues could enhance its overall rating and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sun Prairie Public Library Foundation Inc legitimate?
Sun Prairie Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sun Prairie Public Library Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $75,000
Professional Fundraising Fees: $80,477
Other Salaries and Wages: $24,528
For more financial information, click here
Official website here: www.sunlibfoundation.org
What is the mission statement of Sun Prairie Public Library Foundation Inc?
The Sun Prairie Public Library Foundation's mission is to enhance the Sun Prairie Public Library by providing necessary support. Their goal is to help the library reach its full potential. In 2022, their focus was on a capital campaign for library expansion, which they supported through various fundraising activities such as mail campaigns, in-person events, and social media engagement. One event, held in the spring, aimed to rally supporters of the expansion. The foundation also held a celebration event in the fall following a campaign to garner support. The Foundation's investment earnings can be fully distributed to the library, and in 2021, they provided the library with $99,885 in support. The library elected to utilize a portion of these funds for programs and library improvements.
Official website here: www.sunlibfoundation.org
Who is the CEO of Sun Prairie Public Library Foundation Inc?
Theresa Stevens is the Director of Sun Prairie Public Library Foundation Inc.
Official website here: www.sunlibfoundation.org
What is the revenue of Sun Prairie Public Library Foundation Inc?
Sun Prairie Public Library Foundation Inc's revenue in 2022 was $860,967.
Official website here: www.sunlibfoundation.org
Who are the executives of Sun Prairie Public Library Foundation Inc and what are their salaries?
The average compensation at Sun Prairie Public Library Foundation Inc during 2022 was $49,764. There are 2 employees and 20 volunteers at Sun Prairie Public Library Foundation Inc.
Here are 19 key members and their salaries:
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Official website here: www.sunlibfoundation.org
Where can I find the form 990 for Sun Prairie Public Library Foundation Inc?
Sun Prairie Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunlibfoundation.org
Learn more at the official website: www.sunlibfoundation.org
Mission Statement of Sun Prairie Public Library Foundation Inc
The Sun Prairie Public Library Foundation Inc is a non-profit organization with a mission to enhance the Sun Prairie Public Library in the best possible way. Their primary goal is to support the library in achieving its full potential. In 2022, the foundation focused its efforts on a capital campaign for the library's expansion. They achieved this through various fundraising initiatives, including mail campaigns, in-person events, and social media promotions. One notable event was a spring fundraiser, followed by a rally to gather support for the planned library expansion, culminating in a celebration event in the fall. The foundation's annual investment earnings can be entirely distributed to the Sun Prairie Public Library. In 2021, the earnings enabled the foundation to provide the library with $99,885 in support. The library chose to allocate approximately 11% of these funds for programs and library improvements, while the remaining 82% were rolled back into the invested funds.
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Impact
July, 2024
The Sun Prairie Public Library Foundation Inc's impact is focused on supporting the initiatives of the Sun Prairie Public Library to be the best library it can be. In 2022, the foundation prioritized fundraising efforts for the expansion of the library through various campaigns and events, including in-person fundraisers and social media promotions. These activities culminated in a celebration event to rally supporters of the planned library expansion.
The foundation's investment earnings in 2021 allowed for a significant financial contribution of $99,885 to the Sun Prairie Public Library, demonstrating the tangible support provided by the foundation. Additionally, the foundation's flexibility in funding usage, where a portion was allocated for programs and library improvements while the majority was reinvested, showcases a strategic approach to long-term sustainability and growth.
Through its dedicated efforts and financial contributions, the Sun Prairie Public Library Foundation Inc plays a crucial role in enhancing educational resources and the overall quality of services offered by the library, ultimately advancing its mission to make the Sun Prairie Public Library the best it can be.
This information is meant to be a general summary of Sun Prairie Public Library Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13,237
- Gross Receipts: $872,321
Assets and Liabilities:
- Total Assets: $2,253,424
- Total Liabilities: $13,344
- Net Assets: $2,240,080
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Organization Details
Founding Year
1999
Phone
(608) 825-7323Principal Officer
Theresa Stevens
Main Address
1350 LINNERUD DR, SUN PRAIRIE, WI, 535902631
Website
www.sunlibfoundation.orgNTEE Category
Code: B117 - Education
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